Located at 1652 Tower Grove, The Mountain of Beverly Hills, the highest elevated spot in the prestigious 90210 area and the most expensive residential listing in the world today, is now up for sale.
The mountaintop lot, listed at one billion dollars, features 157 acres, including over 32 on flat land suitable for building that offers stunning 360 degree panoramic views from the city lights to the Pacific as far as Catalina Island. To put some perspective on the size of the asset, The Mountain of Beverly Hills is large enough to fit all of Disneyland, with 67 acres left over.
I recently spoke with Pacific Union International’s Aaron Kirman to learn exactly how and to whom he plans to sell the epic property.
Kirman comments, “This is the only opportunity to own your own mountain that looks down at all of Los Angeles. Our likely buyer for The Mountain of Beverly Hills is an individual who wants to build his or her own compound.”
“We foresee the buyer of The Mountain of Beverly Hills as an individual who wants to own the greatest residential land asset in LA, their own mountain if you will. As the highest point in Beverly Hills, the views are indescribable and the privacy is priceless,” he adds.
How does one come up with the billion dollar figure for the highest residential property listing in history?
Kirman responds, “I’ve been asked, ‘How can you justify the price of this listing when there is no comps to do so?’ That questions answers itself. There is simply nothing like The Mountain of Beverly Hills, and nothing like it will exist again.”
Previously, many celebrity fundraising events benefiting healthcare, environmental and cultural organizations have been held on the property, including Rihanna’s first annual Diamond Ball that was emceed by Jimmy Kimmel with Brad Pitt introducing the music icon, who performed with a 100-piece orchestra to over one thousand guests.
It’s without question that no other property exists today that compares to The Mountain of Beverly Hills. The magnificent estate offers a once in a lifetime opportunity for the lucky buyer who secures this crown jewel, unlocking the chance to create a personal sanctuary on the highest peak in the most sought after zip code in the world. ■